The Gulf Provincial Government in Papua New Guinea has embarked on a plan to build a multi-million-kina cement factory.
The proposed factory is part of its preparation to be an active participant in the multi-billion-kina liquefied natural gas projects.
The Post Courier reports that construction work is expected to begin this year for the factory, which will supply cement to the LNG project and the building and construction industry in Papua New Guinea.
A Japanese investor has shown interest and has visited Gulf Province to assess its potential.
The Gulf Governor Havilla Kavo said the investor was impressed with the abundant supply of limestone and was willing to build the factory.
The country's only cement factory is operated by South Korean company, Halla Industries, in Lae.
It produces cement from raw materials imported from South Korea.
